The Babe Theory Of Political Movements.
Mar. 21, 2005 11:50 AM
Iran's Sham Election In Houston.
June 20, 2005 5:36 AM
Yes, Kanye, Bush Does Care.
Oct. 31, 2005 12:41 AM
Health Care vs. Wealth Care.
Nov. 23, 2005 3:28 PM
Americans Voting With Their Feet.
Nov. 30, 2005 1:33 PM
Idea Majorities Matter.
May 12, 2006 6:15 PM
Twilight Zone Economics.
Oct. 17, 2006 12:30 AM
The "Shrinking" Middle Class.
Dec. 13, 2006 1:01 PM
From Ashes, GOP Opportunities.
Dec. 18, 2006 6:37 PM
Battle Between Entitlements & Pork.
Dec. 21, 2006 12:31 PM
Let Economic Freedom Reign.
Dec. 22, 2006 10:22 PM
Biggest Health Care Moment In Decades.
July 25, 2007 4:32 PM
Unions Antithetical to Liberty.
May 28, 2008 11:12 PM
Right To Work States Rock.
June 9, 2008 12:25 PM
Social Security Reform Thursday.
March 13, 2008
Caption Contest: Enter Today!
Due: July 29, 2008
The Carnival Of Classiness.
Mar. 14, 2006
Quotational Therapy: Obama.
Apr. 4, 2008
Mainstream Melee: Wolfowitz.
May 19, 2007
Pundit Roundtable: Leaks.
July 9, 2006
A WILLisms.com(ic), by Ken McCracken
July 14, 2006
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Trivia Tidbit Of The Day: Part 176 -- Gasoline Taxes.
Feeling the pain at the pump?
Well, let's turn our attention to gasoline taxes.
First, the rise of the Federal Excise Tax on gas over the past 70-something years:
...the federal gas tax alone equals 18.4 cents for every gallon purchased.
A brief history of the federal gas tax:
In 1932, the federal government imposed the first federal gas tax. It began as a temporary levy with a rate of just 1 cent per gallon. Over the years, the tax burden has increased significantly. The Revenue Act of 1941 made the federal gas tax permanent and increased the rate to 1.5 cents per gallon to help fund the war effort. A decade later in 1951, the tax was increased to 2 cents per gallon to assist in the funding of the Korean War.
But wait, there's more!
There are also state gas taxes. Let's look at the worst and best:
Those darker-shaded ones are the ten highest gas-tax states:
Today, the combined burden of federal, state and local gas taxes costs American drivers an average of 45.9 cents on every gallon purchased....
Bravo to those repealing, even temporarily, their state gasoline taxes.
Previous Trivia Tidbit: A Failing European Social Model (Especially Germany).
Posted by Will Franklin · 21 September 2005 08:33 AM
I'm just amazed that since 1992 they haven't gone up any more on the federal level...
Posted by: Hoodlumman at September 21, 2005 02:04 PM
The tax rate growth is far below inflation over the decades. And it is also below the increase in the cost of petroleum.
I catch hell everytime I say that increased carbon taxes are almost the only good policy Al Gore had. The Democrats reply that all his policies were good and the Republicans say none were.
Too bad! Our streets are full of 7 mpg SUVs just as 20 years ago every road was clogged with 5 mpg campers. The people that spend $40K+ for them are furious at the thought of spending $300/year for fuel tax.
Posted by: K at September 21, 2005 06:02 PM
Talk about unintended consequences: when progressives point out that Americans should have no trouble paying another $0.20 per gallon in taxes, they are signaling to gas companies that they aren't charging enough at the pumps.
Just talking about gas-tax increases gives pump-owners the green light to raise prices. We shouldn't be surprised that a profit-driven concern like a gas-mart would want that $0.20 per gallon to go into its own coffers.
Posted by: Steve at September 22, 2005 07:15 AM